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the3h - Hum Hain Hindustani
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glomc00 - The Global Millennium Class
Topic: agriculture & rural development | authors | business & finance | design | economy | education | entrepreneurship & innovation | environment | general | healthcare | human resources | nonprofit | people | policy & governance | publishing | reviews | science & technology | university research
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ilmeds
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Headlines

Arts education helps school students learn and socialise. We must invest in it | The Conversation, 10 sep 2019
The Evolving Role of the University Registrar | Inside Higher Ed, 10 sep 2019
Why the Healthcare CIO Holds the Greatest Potential for Change | HIT Consultants, 10 sep 2019
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How to be authentic when you are networking, according to a branding expert | Ladders, 10 sep 2019
Consumers are Largely Resigned to Data Breaches Where Value is Perceived, Finds Strategy Analytics | Yahoo, 10 sep 2019
Can India's education budget fund increased spending in new policy? | Business Standard, 10 sep 2019
Affordable Healthcare in India - No Longer A Dream | The CSR Journal, 10 sep 2019
Need to stream in investments in healthcare | The Economic Times, 10 sep 2019
AI helps healthcare providers gather relevant insights efficiently | The Economic Times, 10 sep 2019
To Revive the Economy, We Must Swallow the Bitter Pill | Moneylife, 10 sep 2019
Agri-tech: The emerging field for an Indian entrepreneur to grab more opportunities | India Today, 10 sep 2019
Fostering change through impact-driven innovations benefits India's economy immensely | Firstpost, 09 sep 2019
We Desperately Need a Merger between Education and Work | Scientific American, 09 sep 2019
Why is healthcare so expensive? This Johns Hopkins surgeon might have the answers | Fierce Healthcare, 09 sep 2019
Asia could be the driving force of the world economy as the 'center of gravity shifts, says Oxford professor | CNBC, 09 sep 2019
Ready to Be an Entrepreneur? Here's How to Make Your Second Act a Success. | Entrepreneur, 09 sep 2019
The best graphic design of 2019 | Fast Company, 09 sep 2019
How Men's Fashion Is Inspiring Interior Design Trends | Forbes, 09 sep 2019
Stretchy plastic electrolytes could enable new lithium-ion battery design | Science Daily, 09 sep 2019
Soft-bodied swimming robot uses only light for power and steering | UCLA Samueli News, 09 sep 2019
Four Ways To Reimagine The Nonprofit | Forbes, 09 sep 2019
Volunteering with kids can help create a habit of giving | nwitimes.com, 09 sep 2019
Looking at 4 Major Ways GDPR Has Altered the Marketing Landscape | Adweek, 09 sep 2019
Why am I seeing this ad? AI, ML & human error in advertising | TechCrunch, 09 sep 2019
Importance of AI in improving the quality of Education in India | India Today, 08 sep 2019
Suit your entrepreneur goal | The Hans, 08 sep 2019
On Philanthropy: In the eyes of business leaders, "social purpose" has replaced "shareholder capitalism" | The Denver Post, 08 sep 2019
How marketers can improve their impact and influence | Marketing Week, 08 sep 2019
Top 7 disruptive trends that will shape healthcare in 2020 | MobiHealthNews, 06 sep 2019
How High Tech Is Transforming One of the Oldest Jobs: Farming | The New York Times, 06 sep 2019
A Better Way To Make Charitable Gifts | Forbes, 06 sep 2019
Advice For Communications Professionals: Consider Tech PR | Forbes, 06 sep 2019
UK keen to deepen research, education ties with India | Business Today, 06 sep 2019
Nathan Yong, Industrial Designer | The Business Times, 05 sep 2019
Giving the charitable sector the tools it needs to thrive | Policy Options, 05 sep 2019
'Design thinking' or how to promote innovation in social enterprises | BBVA, 05 sep 2019
Get Big Picture Customer Experience Insights With Customer Journey Analytics | CMSWire, 05 sep 2019
Why the Rich Get Charitable Deductions and Everyone Else Can Suck Eggs | Nonprofit Quarterly, 04 sep 2019
5 best practices for data visualisation in web design for 2019 | e27, 04 sep 2019
Five landscape design blogs to find your inspiration | Total Landscape Care, 02 sep 2019


India's Healthcare - Overcoming Challenges and Moving into the Future To Provide Better Health and Save Lives

By Mohammad Anas Wahaj; MBA, University of Illinois at Urbana-Champaign, 2000, USA; BS in Mechanical Engineering, Aligarh Muslim University, 1993, India
Dated: 20 May 2016


India's healthcare is an opportunity that has room for growth for all - public or private, for-profit or non-profit, foreign or domestic entities. According to the latest CII-KPMG report, Indian healthcare sector is estimated to reach US$ 160 billion in 2017, accounting for about 4.2% of GDP. It is further expected to grow to US$ 280 billion by 2020. Moreover, a report by NASSCOM mentions that India's healthcare IT market is valued at US$ 1 billion and is expected to grow 1.5 times by 2020.

Over the years, governments have tried to develop policies and have taken steps to provide better healthcare for its citizens. But India's large size, huge population (1.25 billion) and ineffective implementation at various levels, has created lop sided infrastructure and uneven development in healthcare. While bigger towns and cities have developed state of the art healthcare facilities, the rural part has lagged behind on multiple counts. India currently spends only 1.05% of GDP on public health, compared to 3% by China.

Even though villages and small towns have private clinics and public healthcare facilities, overall the healthcare for the rural folks is bad, if not worse. Rural areas also have substantial presence of unauthorized health practitioners, quacks and shamans, who take advantage of the healthcare void. Moreover, most of the rural population has to travel long distances for specialized care and in a number of cases have to sell off their assets or get into huge debt to get treatment. Health insurance in India is still not common.

In spite of all the challenges, India is taking a stride into the next phase of healthcare, riding on technological advances, new financial models and corporatization of hospitals. Healthcare comes under state government but central government has a major role to play regarding budgetary allocations and policy making. Better coordination between state and center is required to overcome structural and systemic shortcomings in healthcare. As the current trends show, government is withdrawing itself gradually and giving more opportunity to the private sector, both for-profit and non-profit, to take over the health of India's citizens. Although it is a healthy move, but considering 70% population in rural areas and large part of it poor, it would be a challenging task for the private for-profit healthcare players to give a rural push, as they generally go where the money is and seek better return on their investments.

Government has to make sure that no one is left behind, and fulfil the promise of 'Healthcare for All'. There can be public-private partnerships (PPP) in rural and remote areas. Government can also help develop non-profit healthcare facilities in rural areas in collaboration with trusts, foundations, NGOs etc. Moreover, doctors and health staff has to be convinced with better perks and benefits and above all, the passion to serve humanity, if they are to be encouraged to work in those areas. For better reach into the hinterland, technology can play an important role. Effective implementation of information technology along with latest healthcare equipment and better supply chain management can assist in overcoming the staff shortages.

Timely provision of healthcare assistance is the key to save cost and save lives. Multipronged strategy is the need of the hour. Focus on proper sanitation habits, better health awareness and adopting healthy eating and lifestyle by the large population can also play a role to tackle some healthcare challenges. FDI (Foreign Direct Investment) will come if there is a lure for making money. Spending on healthcare and general infrastructure, along with providing ease of doing business will create that lure and the money will flow. Entrepreneurs should be encouraged and facilitating environment should be provided for new ideas to flourish and creation of innovative startups. Technology, skilled and trained medical professionals, substantial investment and effective execution of best practices will help India provide what the today's citizens expect from the growing economy.

Read More Posts on Healthcare (India)



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